【Ethereum Morning Technical Analysis】

From the chart, ETH is currently moving within an ascending wedge channel, with both lows and highs gradually rising, indicating that the volatility is continuously changing.

Key price levels overview: The 3300 level has been touched multiple times but has never been broken through, becoming the main resistance above. Looking downward, the 3212 level forms an interesting point — it serves as a minor support and also as a resonance point between the ascending trendline and support, which often generates a rebound force.

Trading ideas can be understood as follows: within the channel, the low area is suitable for long positions, while the high area presents a shorting opportunity.

Specifically, there are two directions: one is to set up long positions to the left of 3212, with a stop at 3146, targeting around 3278 and 3337; the other is to position for shorts above 3300, with a stop at 3374, targeting 3226 and 3193.

The market always provides opportunities within such structures; the key is to find a comfortable rhythm and maintain disciplined execution.